As
YTL Land seeks to take private some of its listed companies to create
more values for its shareholders, could YTL Land & Development Bhd
becomes the next candidate?

Its MTA stood at rm1.15 per share.

It has more than 809ha of strategic land development in Malaysia with an estimated sales value of rm12 billion.

Meanwhile
YTK Corp’s MD Tans Sri Francis Yeoh made no secret about the company’s
plan to take private some of its listed companies to consolidate its
businesses and distribute
more dividends to its shareholders.

Going
forward, its bright prospects will be its development in Sentul, KL In
addition, it is developing a premium residential condominium project on
Orchard Boulevard in
Singapore.

GOLDIS Bhd

It is linked to Tan Sri Tan Chin Nam. He has been buying back its own shares since July

2012.
As at April 2013, the company bought back 35.12 million shares which
are held under treasury for a total of rm4.41 million.

Its NTA stood at rm2.31 per share as at April 2013.

GOLDIS has been thinly traded due to lack of corporate developments.

ASB

Since
making a turnaround in financial year ended 2009, the group with
diversified businesses in hospitality, property and ICT has been
revamping its operations.

Its
group chairman Datuk Ahmad Sebi Bakar is a major shareholder of Suasana
Dinamik Sdn Bhd which in turn is a substantial shareholder of ASB.

Kuchai Dev/SBagan/Kluang

All
three companies have common shareholders. Kluang Rubber and Sungai
Bagan hold 41.91% stake and 9.38% direct stakes respectively in Kuchai
Development Bhd.

With
two parcels of land of about 3.24ha, one leased out in Singapore and
the other an unused mining land located in Ulu Langat Selangor, there
are not many fixed assets
that Kuchai Development is holding to developed and expand its
business.

Currently
(April 2013), the company’s revenue is derived from rental income from
its property in Singapore and dividend income from investment in
securities.

There is a possibility of the company being taken private.

Meanwhile
Kuchai Development director Lee Chung Shih has 0.19% direct interest
and 51.28% indirect interest in the company. Lee is also a director of
Sungai Bagan and Kluang
Rubber.

Sungai Bagan’s NTA stood at rm6.07 and Kluang’s NTA stood at rm6.42.

Minho

Its NTA stood at rm2.73 per share.

It is involved in timber manufacturer. It had also diversified into property development.